Oil & Gas Property in Shelby County, TX
Key data points for Reed Unit
| County | Shelby County, TX |
|---|---|
| Operator | SHERIDAN PRODUCTION CO III, LLC |
| Production Dates | Apr 2002 - Jun 2025 |
| Total Oil Production | 23,700 BBLs |
| Total Gas Production | 1,567,680 MCF |
| Recent Oil Production | 186 BBLs in May 2025 |
| Recent Gas Production | 2,510 MCF in May 2025 |
| Wells on Property | 2 |
Our Valuation Estimates for Reed Unit
ShaleAssessment™
$6,355 *
MarketMultiple™
$32,127 **
* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue
Based on a decimal interest
These are the closest 20 properties to the Reed Unit property.
| Property Name | Location | Oil Prod. | Gas Prod. | Prod. Period |
|---|---|---|---|---|
| Adams | Shelby County, TX | 13 BBLs | 4,629 MCF | Jun 2025 |
| Arco | Shelby County, TX | 0 BBLs | 0 MCF | Jan 2025 |
| BP Ethridge 971 | Shelby County, TX | 0 BBLs | 771 MCF | May 2025 |
| BP Georgetown 885 | Shelby County, TX | 0 BBLs | 3,623 MCF | May 2025 |
| Carlton Gas Unit | Shelby County, TX | 0 BBLs | 0 MCF | Apr 2025 |
| Case | Shelby County, TX | 0 BBLs | 2,127 MCF | Jun 2025 |
| Crawford | Shelby County, TX | 6 BBLs | 1,842 MCF | Jun 2025 |
| Franks Estate | Shelby County, TX | 14 BBLs | 7,665 MCF | Jun 2025 |
| Franks Lawrence T | Shelby County, TX | 9 BBLs | 2,363 MCF | Jun 2025 |
| Griffin | Shelby County, TX | 46 BBLs | 9,184 MCF | Jun 2025 |
| Hancock | Shelby County, TX | 0 BBLs | 0 MCF | Jul 2020 |
| Howard A | Shelby County, TX | 14 BBLs | 764 MCF | Jun 2025 |
| Jones | Shelby County, TX | 127 BBLs | 8,009 MCF | Jun 2025 |
| Oliver Unit | Shelby County, TX | 87 BBLs | 11,829 MCF | Jun 2025 |
| Pate | Shelby County, TX | 16 BBLs | 3,134 MCF | Jun 2025 |
| Polley | Shelby County, TX | 0 BBLs | 243 MCF | May 2025 |
| Ramsey Unit | Shelby County, TX | 4 BBLs | 5,389 MCF | Jun 2025 |
| Samford | Shelby County, TX | 151 BBLs | 560 MCF | Jun 2025 |
| Sickel 1 | Shelby County, TX | 0 BBLs | 0 MCF | Dec 2017 |
| Thomas Gas Unit | Shelby County, TX | 0 BBLs | 312 MCF | Jun 2025 |
These are the closest 20 companies operating near the Reed Unit property.